29 Burst results for "Sam Stovall"

"sam stovall" Discussed on AP News

AP News

13:12 min | 6 months ago

"sam stovall" Discussed on AP News

"Wall Street rallied Wednesday snapping a recent slump in tech stocks the Dow gained more than 400 points the tech heavy nasdaq gained back 2.7 percent and the S. and P. 500 had its best close in 3 months ending the 3 day selloff CFRA research strategist Sam Stovall sort of a reflex rally the S. and P. 500 fell 7 percent in only 3 trading days and I think that it just went too far too fast so we're seeing a bit of short covering in my opinion pieces the market is poised to go higher as the GDP numbers recover in the coming months but he worries the market might not be pricing in another possible coded 19 set back I'm Jackie Quinn

Jackie Quinn Sam Stovall 2.7 percent 7 percent 3 months 3 day
Stocks bounce back on Wall Street as tech bloodletting halts

AP News Radio

00:47 sec | 6 months ago

Stocks bounce back on Wall Street as tech bloodletting halts

"Wall Street rallied Wednesday snapping a recent slump in tech stocks the Dow gained more than four hundred points the tech heavy nasdaq gained back two point seven percent and the S. and P. five hundred had its best close in three months ending the three day selloff CFRA research strategist Sam Stovall sort of a reflex rally the S. and P. five hundred fell seven percent in only three trading days and I think that it just went too far too fast so we're seeing a bit of short covering in my opinion pieces the market is poised to go higher as the GDP numbers recover in the coming months but he worries the market might not be pricing in another possible coded nineteen set back I'm Jackie Quinn

Jackie Quinn Sam Stovall
"sam stovall" Discussed on AP News

AP News

13:16 min | 6 months ago

"sam stovall" Discussed on AP News

"A jobs report that exceeds expectations the August jobless rate fell to 8.4 percent after being more than 10 percent in July CFRA research chief investment strategist Sam Stovall says that that was a pleasant surprise expectations were for the unemployment rate to be in the middle 9 percent area Stovall believes the economy is on the upswing our expectation is that it'll recover by almost 33 percent in the third quarter and then continue to rise 6 percent in the fourth quarter and more than 5 percent for all of 2021 Stovall thinks jobs reports in coming months will be similar to this one with drops in both the unemployment rate in the number of new jobs created my camp in Washington

Sam Stovall Washington 8.4 percent 10 percent 33 percent 5 percent 6 percent 9 percent
US unemployment rate falls to 8.4% even as hiring slows

AP News Radio

00:47 sec | 6 months ago

US unemployment rate falls to 8.4% even as hiring slows

"A jobs report that exceeds expectations the August jobless rate fell to eight point four percent after being more than ten percent in July CFRA research chief investment strategist Sam Stovall says that that was a pleasant surprise expectations were for the unemployment rate to be in the middle nine percent area Stovall believes the economy is on the upswing our expectation is that it'll recover by almost thirty three percent in the third quarter and then continue to rise six percent in the fourth quarter and more than five percent for all of two thousand and twenty one Stovall thinks jobs reports in coming months will be similar to this one with drops in both the unemployment rate in the number of new jobs created my camp in Washington

Sam Stovall Washington
Cristobal regains tropical storm force on track to US coast

AP News Radio

00:47 sec | 9 months ago

Cristobal regains tropical storm force on track to US coast

"The German the Gulf economic prosecutors coast rebound is readying from looking for the virus tropical into whether pandemic storm a forty crystal may three ball be happening year old faster the who national has than emerged expected hurricane as a center possible says suspect tropical analysts storm had crystal predicted in ball the disappearance is last expected month's of British unemployment to hit girl from the Weezy report Madeleine added would McCann to show the Florida millions in Portugal panhandle more job may over losses have the been weekend and involved a jump in a similar the storm in the jobless is crime expected in rate Germany to bring torrential instead rain prosecutors and tropical the labor storm are department probing force says any winds the connection economy the Donnie added suspect preview two may and hop and a half others million in to the the jobs d'iberville twenty in fifteen Louisiana may with disappearance the public unemployment works department rate of a falling five are year clearing old to girl thirteen from drainage a German point ditches three forest of percent debris ahead authorities incredulous of the heavy have not CFRA rain released the suspect's research he tells name WLOX chief investment but he's been widely strategist identified storm Sam Stovall came into by golf the says German we the just media numbers been on is have top Christine shocked of it B. most experts who trying reportedly to the be first prepared thought for had that a I property had was whatever sixty comes what miles did the first government from of where all formed get the girl wrong out of the disappeared remnants in the counting of this east week of Germany Pacific this information has tropical identified storm the number Amanda a suggests national businesses which as crossed a suspect are Central quickly America in the recalling McCann case workers the two and storms as the states authorities have brought re are open up investigating to their three economies feet him of rain on while suspicion touching the job of off murder market flash meltdown flooding currently and may in mudslides have prison bottomed in Germany out that have killed it dozens may he spent also many of people take years in months in Mexico Portugal for all and those including Central who lost in America the prior work the to loose find area I'm jobs Jim acquire around still the time president of McCann's trump disappearance is seizing on the I'm report Charles tweeting the last month great going president trump kidding but true Sager mag ani Washington

Portugal Ani Washington JIM Mexico Murder Wlox Florida Charles President Trump Madeleine America Amanda Christine Sam Stovall Louisiana Donnie Germany Mccann
"sam stovall" Discussed on AP News

AP News

15:45 min | 9 months ago

"sam stovall" Discussed on AP News

"The government says employers added jobs last month stunning analysts who predicted virus pandemic related lay offs would continue in force the thinking was businesses cut millions of jobs in may and that the unemployment rate would climb to near 20 percent instead the rate dropped to a still high 13.3 percent and employers added 2.5000000 workers this report has surprised almost everybody including CFRA research's Sam Stovall and president trump I didn't know which start this quickly was fast to take a rose garden victory lap predicting an even faster economic recovery and calling on more governors to open their states for business I don't know why they continue to lock down some economists predict the jobless rate will stay in double digits into next year since it's unclear how many jobs lost during the shutdown are gone for good Sager made Ghani Washington

CFRA research Sam Stovall Sager Ghani Washington president 13.3 percent 20 percent
"sam stovall" Discussed on AP News

AP News

15:45 min | 9 months ago

"sam stovall" Discussed on AP News

"The government says employers added jobs last month stunning analysts who predicted virus pandemic related lay offs would continue in force the thinking was businesses cut millions of jobs in may and that the unemployment rate would climb to near 20 percent instead the rate dropped to a still high 13.3 percent and employers added 2.5000000 workers this report has surprised almost everybody including CFRA research's Sam Stovall and president trump I didn't know which start this quickly was fast to take a rose garden victory lap predicting an even faster economic recovery and calling on more governors to open their states for business I don't know why they continue to lock down some economists predict the jobless rate will stay in double digits into next year since it's unclear how many jobs lost during the shutdown are gone for good Sager made Ghani Washington

CFRA research Sam Stovall Sager Ghani Washington president 13.3 percent 20 percent
Trump hails jobs report, but unemployment rate still high

AP News Radio

00:56 sec | 9 months ago

Trump hails jobs report, but unemployment rate still high

"The government says employers added jobs last month stunning analysts who predicted virus pandemic related lay offs would continue in force the thinking was businesses cut millions of jobs in may and that the unemployment rate would climb to near twenty percent instead the rate dropped to a still high thirteen point three percent and employers added two and a half million workers this report has surprised almost everybody including CFRA research's Sam Stovall and president trump I didn't know which start this quickly was fast to take a rose garden victory lap predicting an even faster economic recovery and calling on more governors to open their states for business I don't know why they continue to lock down some economists predict the jobless rate will stay in double digits into next year since it's unclear how many jobs lost during the shutdown are gone for good Sager made Ghani Washington

Cfra Research Sam Stovall Sager Ghani Washington President Trump
Trump hails jobs report, but unemployment rate still high

AP News Radio

00:56 sec | 9 months ago

Trump hails jobs report, but unemployment rate still high

"The government says employers added jobs last month stunning analysts who predicted virus pandemic related lay offs would continue in force the thinking was businesses cut millions of jobs in may and that the unemployment rate would climb to near twenty percent instead the rate dropped to a still high thirteen point three percent and employers added two and a half million workers this report has surprised almost everybody including CFRA research's Sam Stovall and president trump I didn't know which start this quickly was fast to take a rose garden victory lap predicting an even faster economic recovery and calling on more governors to open their states for business I don't know why they continue to lock down some economists predict the jobless rate will stay in double digits into next year since it's unclear how many jobs lost during the shutdown are gone for good Sager made Ghani Washington

Cfra Research Sam Stovall Sager Ghani Washington President Trump
Germany investigating McCann suspect in another case

AP News Radio

00:51 sec | 9 months ago

Germany investigating McCann suspect in another case

"The German economic prosecutors rebound from looking the virus into whether pandemic a forty may three be happening year old faster who has than emerged expected as a possible suspect analysts had predicted in the disappearance last month's of British unemployment girl report Madeleine would McCann show millions in Portugal more job may losses have been and involved a jump in a similar in the jobless crime in rate Germany instead prosecutors the labor are department probing says any the connection economy the added suspect two may and hop a half million to the jobs twenty in fifteen may with disappearance the unemployment rate of a falling five year old to girl thirteen from a German point three forest percent authorities incredulous have not CFRA released the suspect's research name chief investment but he's been widely strategist identified Sam Stovall by the says German the media numbers is have Christine shocked B. most experts who reportedly the first thought had that a I property had was sixty what miles did the government from where get the girl wrong disappeared in the counting this week of Germany this information has identified the number a suggests national businesses as a suspect are quickly in the recalling McCann case workers and as the states authorities re are open investigating their economies him on while suspicion the job of murder market meltdown currently may in have prison bottomed in Germany out it may he spent also many take years in months Portugal for all those including who lost in the prior work the to loose find area jobs around still the time president of McCann's trump disappearance is seizing on the I'm report Charles tweeting the last month great going president trump kidding but true Sager mag ani Washington

Madeleine Portugal Germany Sam Stovall President Trump Mccann Charles Christine Murder Ani Washington
Unemployment rate falls to 13.3%, US adds 2.5 million jobs

AP News Radio

00:56 sec | 9 months ago

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

"The economic rebound from the virus pandemic may be happening faster than expected analysts had predicted last month's unemployment report would show millions more job losses and a jump in the jobless rate instead the labor department says the economy added two and a half million jobs in may with the unemployment rate falling to thirteen point three percent incredulous CFRA research chief investment strategist Sam Stovall says the numbers have shocked most experts the first thought that I had was what did the government get wrong in the counting of this information the number suggests businesses are quickly recalling workers as states re open their economies while the job market meltdown may have bottomed out it may also take months for all those who lost work to find jobs still president trump is seizing on the report tweeting great going president trump kidding but true Sager mag ani Washington

Labor Department Sam Stovall Donald Trump Cfra President Trump Ani Washington
Unemployment rate falls to 13.3%, US adds 2.5 million jobs

AP News Radio

00:56 sec | 9 months ago

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

"The economic rebound from the virus pandemic may be happening faster than expected analysts had predicted last month's unemployment report would show millions more job losses and a jump in the jobless rate instead the labor department says the economy added two and a half million jobs in may with the unemployment rate falling to thirteen point three percent incredulous CFRA research chief investment strategist Sam Stovall says the numbers have shocked most experts the first thought that I had was what did the government get wrong in the counting of this information the number suggests businesses are quickly recalling workers as states re open their economies while the job market meltdown may have bottomed out it may also take months for all those who lost work to find jobs still president trump is seizing on the report tweeting great going president trump kidding but true Sager mag ani Washington

Labor Department Sam Stovall Donald Trump Cfra President Trump Ani Washington
Unemployment rate falls to 13.3%, US adds 2.5 million jobs

AP News Radio

00:56 sec | 9 months ago

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

"The economic rebound from the virus pandemic may be happening faster than expected analysts had predicted last month's unemployment report would show millions more job losses and a jump in the jobless rate instead the labor department says the economy added two and a half million jobs in may with the unemployment rate falling to thirteen point three percent incredulous CFRA research chief investment strategist Sam Stovall says the numbers have shocked most experts the first thought that I had was what did the government get wrong in the counting of this information the number suggests businesses are quickly recalling workers as states re open their economies while the job market meltdown may have bottomed out it may also take months for all those who lost work to find jobs still president trump is seizing on the report tweeting great going president trump kidding but true Sager mag ani Washington

Labor Department Sam Stovall Donald Trump Cfra President Trump Ani Washington
Unemployment rate falls to 13.3%, US adds 2.5 million jobs

AP News Radio

00:56 sec | 9 months ago

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

"The economic rebound from the virus pandemic may be happening faster than expected analysts had predicted last month's unemployment report would show millions more job losses and a jump in the jobless rate instead the labor department says the economy added two and a half million jobs in may with the unemployment rate falling to thirteen point three percent incredulous CFRA research chief investment strategist Sam Stovall says the numbers have shocked most experts the first thought that I had was what did the government get wrong in the counting of this information the number suggests businesses are quickly recalling workers as states re open their economies while the job market meltdown may have bottomed out it may also take months for all those who lost work to find jobs still president trump is seizing on the report tweeting great going president trump kidding but true Sager mag ani Washington

Labor Department Sam Stovall Donald Trump Cfra President Trump Ani Washington
A look at some of the hardest hit sectors in the S&P 500

Bloomberg Surveillance

01:34 min | 1 year ago

A look at some of the hardest hit sectors in the S&P 500

"We're speaking with Sam Stovall CFRA chief investment strategist in here we were basically flat certainly on the nasdaq we opened but seven minutes into the trading day here in New York and we see the gravitational force is lower the S. and P. now down one point nine percent twenty three fifty two points is a level there the nasdaq down eight tenths of a percent at sixty nine thirty two and we're looking at at this sort of uncertainty and Sam at that you're talking about about the depth of the potential recession about just how long lasting it will be as well as which areas are going to get hit hardest and I'm wondering on the other side of this and I do want to focus on that just because markets do try to price in some sort of future but do you have a sense of which companies which sectors are likely to emerge first well I didn't bear market environments it's traditionally your defensive that hold up the best so consumer staples healthcare you know when the going gets tough the tough go eating smoking and drinking and if they overdo it they have to go to the doctor on the flip side however it's usually the cyclicals that tend to be the outperformers industrials financials technology that tend to be those that lead on the re emergence of optimism so you know I I would tend to say look to those quality companies in each one of those more cyclical sectors and they're the ones that are likely to lead

New York Sam Stovall Cfra
"sam stovall" Discussed on 710 WOR

710 WOR

04:49 min | 1 year ago

"sam stovall" Discussed on 710 WOR

"I hope you found that into you interesting there's certain people in my industry I truly respect in terms of experience and knowledge Sam Stovall is one I've known him for probably fifteen years he's a regular on this program and he and I I might add think very much alike we pay attention to the same data on we have a lot of communication between us when it comes to the current conditions of the economy and the stock market so I want to share that with you movie aside for a moment when I meet with a couple and I typically invite a couple to join me for that first meeting I'll get a phone call from some of you and you'll say I'd like to set up a no cost no obligation meeting for a second opinion and I will then respond are you married and if the answer is yes I will say is it possible for your spouse to join us and typically the answer is yes it's important to address both parties particularly on the initial meeting one of the things I have found out in some of these meetings is that a number of couples are stressing out about whether or not their money can last them a lifetime and it's natural you don't know how long you're going to live you don't know what happens when a person so security ends upon their death can you afford to continue to do things you don't know what happens if the pension ends upon death you have the right continuation clause in your pension so stressing out about money in retirement years is something that I do address and when you are stressing out about money a lot it makes you in my observation less optimistic and makes you less positive less certain of your life's goals and if you're listening to me you're shaking your head yeah that's a problem that I'm facing you should make an appointment with you so we can figure out how your money can last when you all money that has a negative impact on your self esteem sometimes it has a negative impact on your outlook on life and your sense of direction that's the price zinc considering how much mental energy you might be consuming thinking about debt so I want you to really ask yourself a question do I need to address this or my going to be an ostrich and put my head in the sand I know a lot of you want to be generous and give contributions and then you say Hey I can't I have to take care of myself first so that's another thing and if you are a person who is taking a mandatory withdrawal at seventy and a half from Uriah ray and you're forced to pay taxes well did you know that if you made the check payable directly to a five oh one C. three charity that's a legitimate charity you don't have to pay the tax on your withdrawal just make sure you pay the check directly to the charity the church the synagogue American cancer society St choose whatever it is you can make the check payable to that charity one other thing I have observed in meeting with couples they have a hard time talking to each other about money more than fifty percent I would say sixty or seventy percent have a hard time talking with their partner spouse or whatever about money and if you are in that position you really have to make it work by having that discussion so you have to be able to share your financial goals discuss what purchases you want to make and that discussion is truly necessary as you go into particularly your retirement years so again I will explore that with you in any appointment that you have most importantly what I like to do with these first appointments is bring you up to date on what you own I will ask you to bring in your tax return has your current advise a look at your tax return I don't know how you manage money without looking at a tax return it tells me so much about how to save you money typically now if you have an tax return that is totally cope ascetic that is great many of you do not all export at with you I'll ask you to bring your tax return I'll give it back to you because of its personal nature but it's important then I will do an analysis of your current holdings even if they are held away at your current job you may not know it but if you're fifty nine and a half you can move it into an IRA and have a multitude of different choices if you have severance from your prior job and you've kept your four one K. at the prior job you could move it into an IRA and haven't managed by a firm like ours so there are a multitude of different opportunities that you can explore and you know if you want something that you've never had like a money manager you have to be willing to do something you have never done.

Sam Stovall seventy percent fifteen years fifty percent four one K
Sam Stovall, Richard Gere And Cerna discussed on Wealth Creator Radio

Wealth Creator Radio

00:32 sec | 2 years ago

Sam Stovall, Richard Gere And Cerna discussed on Wealth Creator Radio

"This weekend marks the tenth anniversary of Wall Street's bull market and a may keep going Sam Stovall at CF. Our research says he doesn't see the end anytime soon stock buybacks fueled by tax cuts quiescent inflation and persistent low interest rates continue to make equities the main place to go for investment growth. Like Richard Gere in the movie off Cerna, gentlemen. Most investors are wailing. I got nowhere else to go Stovall takes the long view noting that in the twenty eight times since World War Two. When stock prices have risen, the first two months of the year as they have this year. They have finished a

Sam Stovall Richard Gere Cerna Two Months
"sam stovall" Discussed on 710 WOR

710 WOR

02:25 min | 2 years ago

"sam stovall" Discussed on 710 WOR

"Is that the small caps tend to lead the larger cats into higher prices the technology sector seems to have a personality of its own sam stovall the fang stocks facebook apple amazon netflix and google standout from the crowd do you and i'm not going to hold you do you think they still will continue to have their own personality and people who are looking for growth should pay attention to them i think that those stocks you did mention you know facebook apple amazon netflix google those definitely are stocks that are bit atypical from what you would regard in your general technology sector people remember back to march of two thousand and they say we'll technology gee we thought that they were such a great deal even though they were trading at more than sixty times projected earnings well today the technology sector is trading at less than twenty times two thousand eighteen earnings nineteen point zero to be exact versus the s and p five hundred pe ratio of seventeen point one it's a lot more valuable today than it was back then so how does wall street justify three hundred multiple plus on a stock like amazon there you're talking about people i think getting a bit caught up and always saying this time it's different that this is the kind of company that's going to be taking over the world and so forth but i think what you are implying is that not all trees grow to the sky that sooner or later there is an end to just how much company is worth so if you're dealing with companies that are essentially paying no earnings or very very little earnings i would be very careful about the percentage of your portfolio that you hold and that kind of an investment saying is the trend is your friend until the end absolutely so last question i have for you sector rotation consumer staples and utilities they are out of favor now what would cause them to fall back into favor well you're absolutely right willie keeler one set it hit them where they ain't being a baseball star of the turn of the century nineteen hundred or so i think that because the.

sam stovall amazon willie keeler netflix google facebook
"sam stovall" Discussed on News 96.5 WDBO

News 96.5 WDBO

01:54 min | 3 years ago

"sam stovall" Discussed on News 96.5 WDBO

"And at guarding your nest egg dot com you know what's the recent market correction justified market strategist sam stovall while he thinks it was from a fundamental perspective i look good earnings combined with inflation the rule of twenty and what it basically says is that we are overvalued or were at least at the market top by anywhere from thirteen to sixteen percent depending on which quarter's earnings you look at sam also told cnbc that we're overdue for a pullback but you don't like the sudden drops make a lot of people feel nervous about their money so what do we do to kind of eased some of that anxiety because i've had the feeling you're going to say that some of this is normal it is immoral and and all these as you said that were also due for pull back just to be clear a pullback was when again the market pulls back but that will be something less than ten percent once its crossed that ten percent threshold than we have a correction when he said we were due for a pullback we got more than the pullback we got the correction and that's where we're that's behind us now just to be clear on not saying we're gonna i'm gonna i'm more volatility moving forward but just this technical definitions worry overbought yes where we do for a pullback worry correction yes we wound up with the correction or e overly concerned about it no if he looked fundamentally at the economy and what's going on it's very very positive you look at what is going on what's getting past and government companies moving back to the us people are being hired him in all these things are very very good i think i think the one thing that we're keeping an eye on obviously is what does the government going to do about it we don't want them to get super aggressive on interest rates we don't want them to allow this economy is growing so fast now we're really really worried about inflation because what what they're doing they're isil start raising interest rates to slow the economy down some of your for does moneysupply right they they they give us access to more money if they want the economy to grow they give us access to less money if they want the economy to slow down and they do that their interest rates but here's the.

sam stovall us cnbc ten percent sixteen percent
"sam stovall" Discussed on KBNP AM 1410

KBNP AM 1410

02:21 min | 3 years ago

"sam stovall" Discussed on KBNP AM 1410

"The dow jones industrial average at one point down more than five hundred points at the closing bell up five hundred sixty seven at twenty four thousand nine hundred and thirteen cfra research chief investment strategist sam stovall says the underlying economic factors suggest the stock market will recover quickly from the downturn we expect to see real gdp rise by more than three percent this year versus a sub two and a half percent growth in two thousand seventeen so i don't see a recession on the horizon and as a result i don't think we're going to be morphing into a bear market at the closing bell the nasdaq was up one hundred forty points the sp 500 up by forty six online retailer amazonas reach a deal with french authorities to be about two hundred fifty million dollars in in back taxes that resulted dispute dating back to twenty twelve with business i'm bob agnew news added allah says a town hall dot com i'm keith peters the pentagon says the afghan war is costing american taxpayers forty five billion dollars a year lawmakers are sceptical about just what that's by washington correspondent soghra mougani reports from the white house with no end in sight to america's longest war republican congressman walter jones says the us will eventually join a dubious list no one has ever kockott afghanistan asking pentagon chief jim is why he does a just tell president trump to pull out mattis says he agrees with some of jones's points about afghanistan accepted the key one were not out the clunker it saying the us goal instead is to prevent disaster at home do ensure another nine eleven hatched out of there does not uh happen during our watch the price tag was more than one hundred billion dollars a year at the height of the war saga remained ghani at the white house more on these stories a town hall dot com it's the bill of rights not the bill of needs i'm alan gottlieb founder of the second amendment foundation when someone says we don't need that kind of gun remind them founding fathers determined what rights our constitution should protect there's a world of difference between rights and needs it is not the function of government to tell us what we need or what we don't certainly no one needs an assault rifle or saturday night special offer that matter no one needs a corvette but highcapacity horsepower engine keep speeds.

assault alan gottlieb ghani president afghanistan congressman america soghra mougani washington bob agnew sam stovall founder white house us jim walter jones
"sam stovall" Discussed on 860AM The Answer

860AM The Answer

01:50 min | 3 years ago

"sam stovall" Discussed on 860AM The Answer

"This hour from town hall dot com i'm bob agnew in washington treasury secretary steve mnuchin says he is not overly concerned about recent volatility in the stock market telling members of congress today the economy remains at has worked quite strong cfra research chief investment strategist sam stovall meanwhile says the big selloff on friday in one yesterday amount to little more than a typical readjustment i think we go through a traditional correction and if there's one thing positive about the repeatedly with which this has occurred like ripping off a bandaid faster that we decline the more rapidly we recover and so far volatility is the best word to describe everything on wall street the major indexes of been up and down several times now it's back into negative territory the dow right now down by fifty seven points the nasdaq is up by just about three the s p 500 down by 15point house speaker paul ryan says democrats continuing demands for immigration reform will force the house to vote on another shortterm spending bill the safe we're not gonna bring immigration legislation through the present doesn't support working on something here in the house working in bipartisan negotiations it's going to be a bill that we support that the present supports meantime wally hindes reports of speakers says he does favor the president releasing the democrats memo rebutting gop allegations of anti trump bias at the fbi speaker paul ryan republicans are for letting all of this information out there provided that we scrub for sources and methods let in an apparent break with president ryan is standing by an earlier statement that the dueling memos have nothing to do with the muller probe this is about fis abuse and this is about holding our government accountable and this is about congress doing its job in conducting oversight over the executive branch president trump has five five days to review the democrats memo and decide whether to block its release as wally hindes reporting people may be trapped inside a the partiallycollapsed building after an earthquake struck today off the.

bob agnew executive muller fbi gop wally hindes washington steve mnuchin paul ryan republicans president paul ryan dow sam stovall congress five five days
"sam stovall" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

02:08 min | 3 years ago

"sam stovall" Discussed on News-Talk 1400 The Patriot

"Their amazing team i never get a complaint about them all i got is a great praise for how they walk people through the most difficult circumstances and you may be wondering we got the great low rates they'd been low and their low in their low should i get rid of my he'll walk my home equity line of credit should i combine dealt bell council you they will council you on what to do they know how to get you out of a potentially high interest rate he locked into one of these low rates to refinance than if you haven't refinanced in a few years janacek maybe even a few months because rates are so great so get over to andrew del rey picture at hughhewitt com triple eight triple eight eleven seventy two to call them direct way the trump rally is the source of the premarket knew who cnn money this morning it's been a i'm quoting now from the article it's been a fantastic twelve months for stocks the sp 500 has soared over twenty percent since election day in 2016 its third best performance during a president's first year since world war two according to stamp stobl sam stovall of cfra research the nasdaq and dow have gained roughly thirty percent over the same period stock who continued the power higher even though president trump has struggled the move is legislative agenda through congress will the rally continue us futures are flat this morning trump who is in the middle of the lengthy turn asia may face a tougher road following democratic wins in virginia i don't know why that it doesn't affect congress i think it's an easier route could republicans know they have to pass a tax bill and that tax bill has corporate tax relief which means more jobs more companies staying in the united states and their work out the details as we speak in the house ways and means in the senate will unveil its bill later in the week sierra pacific brings you this report triple eight triple eight eleven seventy two by the way if you go over to hughhewitt com and you and you find andrews face i i just love the contrast andrews got the smiley face the biggest based on the website is andrew but right above it is the ad for the aloha talkers hawaii crews august 11th through 18th larry elder.

united states sierra pacific the house corporate tax dow cnn andrew del rey andrews senate election day virginia asia congress trump nasdaq sam stovall world war president thirty percent twenty percent twelve months
"sam stovall" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

01:35 min | 3 years ago

"sam stovall" Discussed on Yahoo Finance Presents

"How often is the rule of 20 right it's right a by giving you a good idea of where the market should be treated it's not going to be exact but if it basically says today look you know yeah we probably could experience a five percent decline that means don't get overly worried and think we're going to be hitting a new bear mark um i mentioned to you that bull markets don't die of old age they die of fright they are most afraid of recession what i have found is that there are four very good indicators to help you to figure out whether we are headed for recession one is housing starts traditionally since 1960 housing starts have preceded a recession by being down an average of twenty five percent yearonyear the shallowest decline was only 10 percent but that was before the shallowest recession the deepest decline in housing starts was just before the deepest recession since nine since world war ii doesn't seven exactly so it's not really a question about construction it's more a question of consumer confidence who's going to buy a house that they worry that they're going to lose their job so i look to the university of michigan's consumer sentiment data because i can get it for free on the web sucking everybody exactly go to the uh the fred that's the louis feraud website and you can get the university of michigan data and on a yearoveryear basis it's about a nine percent decline before a recession hits.

world war ii university of michigan louis feraud twenty five percent five percent nine percent 10 percent
"sam stovall" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

01:38 min | 3 years ago

"sam stovall" Discussed on Yahoo Finance Presents

"With lower inflation and weaker with higher inflation because they will be discounted by inflation in the future is at the right way to think of it well sometimes earnings are benefited by inflation specially consumers staples food retailers uh they do better when they can actually raise the prices every so often uh maybe uh cut the number of ounces that they give you while raising the price of the end up in improving their overall profit margins so you don't want inflation to be too low because then actually you get close to the precipice a falling into disinflation meaning in relation is shrinking or deflation where actually prices go down that's a very bad scenario that happened in the 1930s people went from annual rent to monthly rents because the thought was well behaved i could probably get my tomorrow cheaper tomorrow and that was a chronic problem in japan of course for a long time exactly okay so is there a sort of a single metric that puts these two things together which is p e ratios or valuations on one hand and inflation so that you kind of know where you stand yes i look at something called the rule of twenty the reason is that if you look at the median combination of inflation np ratios going back to nineteen eighty eight four operating earnings and then go back even further to the 1940s with gap earnings the at the median is around twenty so it's a very very simple formula twenty minus cpi times earnings.

japan one hand
"sam stovall" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

01:31 min | 3 years ago

"sam stovall" Discussed on Yahoo Finance Presents

"Well it depends depends on what you're discounting interest rate is the higher the discount rate the lower that it's actually worth because inflation could be eating it away over time whereas if the interest rate is low then that means who that pot of gold is actually bigger than what i nato's rates are a reflection of inflation to exactly exactly that actually there is a spread between uh core inflation and the fed funds rate and the fed funds is usually a point and a half above inflation so of inflations a two percent then fed funds should be it three and a half percent it was not the case now right exactly that's why that's the fed is trying to make uh interest rates as stimulative as possible to try to stoke this economic engine so that we don't sputtering fall into a recession even if you look at the 10year yield uh that's normally a point above the fed funds rate so it should be it four and a half percent uh basically cut that in half and that's exactly where we are today so again uh low interest rates are making the economy helping that to grow and also making investments that much more attractive can i think of this in a simplified or maybe oversimplified way as uh i mean stock market valuations today are based uh to a large extent on our expectations of future earnings right sure so uh those future earnings are likely to be stronger.

fed interest rates stock market two percent 10year
"sam stovall" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

01:36 min | 3 years ago

"sam stovall" Discussed on Yahoo Finance Presents

"But if you remember the movie raiders of the lost ark the reason the nazis were digging in the wrong spot is because they only had one half of the equation it's the other the other half is inflation right now we are the most recent year on year change in core cpi was one point seven percent area low inflation very low actually it's the lowest quintile the lowest twenty percent of all inflationary period since world war two k and the reason that the bull market died in nineteen eighty one at a p e that was around seven is because inflation was at fourteen today is working other sent fourteen percent so today were basically in a flip mode where if inflation is at one point seven percent we can afford a much higher p e ratio and in fact going back to nineteen 48 whenever we were in that lowest quintile lowest twenty percent of inflation the pa ratio was twentythree which is exactly where it is today uh so be a little more specific about that relationship year drawing their between inflation and price to earnings ratio and then we can talk about what that might tell us for the direction the stock market if you should just spell it out a little well what it really means is that um it analyst look at a discounted cashflow meaning if i'm going to be getting earnings or dividends going forward what is that future stream worth today.

stock market world war analyst twenty percent seven percent fourteen percent two k
"sam stovall" Discussed on AM 970 The Answer

AM 970 The Answer

02:39 min | 3 years ago

"sam stovall" Discussed on AM 970 The Answer

"Shell and at money matters at an rule woo hoo welcome back to the show ladies and gentleman i'm gary goals matters and i hope you enjoyed that does indepth interview with sam stovall one of the brains on wall street that is very much looked to for insight sam as a regular on this program we have been friends for at least a decade and whenever we have a chance to chat we find that our thoughts are very much aligned with each other and i don't necessarily uh like when thoughts are aligned with each other but i can't help it i have always found that when i am in a group of individuals and find the smartest brain in the room i'm probably in the wrong room i don't want to be the smartest brain in the room i want input from other people who are more intelligent than i in their various areas of expertise and as i said of on the smartest brain in the room i'm in the wrong room is my uh my way of analyzing that so don't let egos get in the way of making decisions make sure you have a team that will help and that's where we have a gary goldberg financial services in fact when i higher somebody i wanna make sure that on hiring the right person and when we hire somebody here i am make sure to let them know their job is not in jeopardy if they make a mistake they made the cut dislike on a baseball team they made the cut i do of course higher with evidence of success and if the mistake is repeated a number of times they're gone is that needs i made a mistake but i have always felt that aid players and we are a players gary goldberg financial services we hire eight players be players higher see players they want us still looked like they're brilliant so abe players higher eight players steve jobs said this i might add be players higher see player we only want a players here and that's what i have put together in terms of gary goldberg financial services in our industry the financial services industry there are a lot of firms that sell stocks and bonds of mutual funds and annuities what create the distinction amongst the organizations that stand out and we do other people that make up.

sam stovall financial services steve jobs mutual funds gary goldberg
"sam stovall" Discussed on BizTalk Radio

BizTalk Radio

02:03 min | 3 years ago

"sam stovall" Discussed on BizTalk Radio

"March of 2019 that means february 2019 get back out of dodge all right so you gotta while according two yardeni he bases his determination on the average number of months the economy has continued to expand after it has reached its previous peak going back to the early nineteen 70s counting from november twenty thirteen which is when the economy finally serve past it's two thousand and seven prerecession peak yard guinea arrives at march twenty 19 of course he goes on to qualify this is not a forecast low corsets or years i am somebody asked you wanted to make the market's gonna pick march of 2019 okay thank you no no no it's not a forecast all right so if you're right you're beecher chest your write a book if you're wrong you say well i i told you it wasn't a forecast the save this is what's wrong with trying to follow the noise every single day so what let's talk about what someone else had to say about it because if hardpressed your denting says it march 19th but he would look for the market a market top august of next year are we come back from the break sam stovall who is the chief investment strategist at investment research firm cfra looks at four indicators another really smart guy right and we're going to determine when this market bust happen i think it has something to do with the warming it has a lot to do with you you're not allowed to say that anymore it's climate change okay they would say prove the whole global warming thing they're now they have now proved that the climate they'll figure this one climate actually changes really it's climate change jeff spoke came.

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"sam stovall" Discussed on BizTalk Radio

BizTalk Radio

02:20 min | 3 years ago

"sam stovall" Discussed on BizTalk Radio

"Peak i don't know and neither does mr yardeni or anyone else for that matter if we only knew when the next recession would begin so says yard nanny he has a date and mine march of twenty nine th there you go in march of twenty nineteen that means february twenty and get back out of dodge all right so you gotta while according two yard any he bases his determination on the average number of months the economy has continued to expand after is reached its previous peak going back to the early 1970s counting from november twenty thirteen which is when the economy finally surpassed its two thousand and seven pre recession peak yard dini arrives at march twenty nineteen of course he goes on to qualify this is not a forecast low course it's up here's an somebody ask you one big bark is going to pick march of twenty nineteen okay thank you know no no it's not a forecast all right so if you're right you're beecher chest your write a book if you're wrong is said well i told you it wasn't a forecast see this is what's wrong with trying to follow the noise every single day so let's talk about what someone else had to say about it because if hardpressed your denny says it march nineteenth but he would look for the market market top august of next year are we come back from the break sam stovall is the chief investment strategist at investment research firm cfra looks at four indicators another really smart guy and we're going to determine when this market bust happened as the warming it has a lot to do with his say that anymore it's climate change they say this proved the whole global warming thing there now they have now proved that the climate they'll figure this one climate actually changes oh really it's climate change.

denny sam stovall chief investment strategist cfra climate change mr yardeni global warming two yard